Although the cryptocurrency market is experiencing many fluctuations, the flow of money into Bitcoin ETFs ($BTC ETF) still maintains a growth trend. In particular, today the cash flow into $BTC ETF has reached 530 million USD.
According to data from the Bitcoin heat map ($BTC Heatmap), while retail investors panicked and sold, whale wallets and large organizations continuously bought and accumulated more Bitcoin.
Additionally, the world's second largest economy - China - decided to reduce interest rates yesterday, which could create positive effects for the cryptocurrency market in the future.
